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Home My WebLink About1425 and shall perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants !hereof, and of this mortgage, then this mortgage and the estate hereby created, shall cease. de- termine and 6e null and ~roid. the mortgagor hereby further covenants and agrees fo pay promptly when due the p?incipal and interest and other sums o/ money provided for in said note and ehi: mortgage, or either; to pay all and singular the tares, assessments, levies, liabilities, obligations, and encumbrances o/ every nature on said pro- perty; to permit, commit or suffer no waste, impairment or deterforofion of said land or the improvements thereon of any lime: to keep the buildings now or hereafter on said land fully insured in a sum of not less than highest insurable value----------------------.-______________ in a company or companies acceptable to the mortgagee, the policy or policies fo be held by, and payable to, said mortgagee, and in the even! any sum of money becomes payable 6y virtue o/ such insuronce the mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured; accounting !o !hr rrtustgagor fo: any surplus: iv prey all co5is, charges, and expenses, including lawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the /allure o/ the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants o/ said note and this mortgage, or either: fo perform, comply with and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum of money payable by virtue of said note and this mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose or any othe? right hereunder, and all such payments shall bear interest from date thereo/ of the highest law- ful rate then allowed by the laws of the State of Florida. ~l any sum of money herein referred (o be not pro:apfly paid within thirty days next after the same 6ernmes due, or if each and every the agreements, stipulations, conditions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthagith or thereafter, of the option of the mortgagee, become and be due and payable, anything in said note or~herein to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein provided s{tall not constitute a waiver of any rights or options under said note or this mortgage accrued or ~ thereafter accruing. 3 I ' ~ f ! ~ ~ ~ ~n ~d~tness whereof { e mortgagor has caused these presents fo 4 j ~ (CORPOR:ITF: f t !I $FAI.) be executed in its name, and its corporate seal to 6e hereunto affixed, by ifs ~ ~ proper of ficers then~unto duly authorized, the day and year first above written. j ~ i - , f - ~~TTLST--------- - - .-INLET--INVESTORS, __INC.------------------------------ _ _ " Bru e r y Srrrclary ` ~ ~ igned, sealed and delivernd in le presence of : { ~ ~ ~ - _ ~ George knot , r . ref/ - .-.--,...y T... ~ ' i- ~ v r - 'i i ~ ,I - ~t<1te ~f FLORIDA ~ ~ ~OUilt Of ST. LUCIE i~ y . I HFRF.BI' CERTIFY that on Ibis day. he{on me. an of{ictr duly awlrorized in the $twe oru/ County a{onwid fo toter oclvwurlydg- - mrnfs. personulfy appeared GEORGE ENOT, JR. and BRUCE D. PERRY " I weft I~nuu~n to my to he lhr I~fPtldent and Seeretar res j 1 y pectir*ely of the corporation named as . to rmvlgagor in the {wegoing inslrurnenl, and that Ihey se~rrully acltnouaedged e.aecuting the samr, in the presenn o{ lua subscribing witnesxs, !Y (reety and rY,funtanly under authwily duty vrsted in Ihem Ly said corporation and that the seal o/{ued thereto is the true co?porajs'srul o{ j! said corporation. » . t; 11~fF.`.'f SS my hand and o{~irial seal in the Cooney and Slate last a{orrsaid this / day o{ r i~ ~ 19 79. ~ {i :~'9 Dot i 2 P'. 02 ;r i ~ ~ J~ - - - NOTA~ - - ~ ~ $T.Lt;Ctt: LQGF t Y.fi r;- X PUBL -St- t@-3~' o ~ia~ - : - ROGER PCt i KAS `i C:EIiKCi"nCuir CC:;:'.T ~ : t3)` 5 ~ . k=can :f:~-; 9 - .,:;e; ~~r~ - - - ~j ,1 JJrrc; St'2 ,hop V P-GF~ ~ l~ernev. III. 174-A Nn 9rui cr